FOR IMMEDIATE RELEASE: December 7, 2017
MEDIA CONTACTS: Carole Trottere, Rebecca Cheng, Sam Marksheid, and Vicki DiStefano | (516) 869-7794
Town Board Passes Veteran’s School Tax Exemption to Include Cold War Veterans
North Hempstead, NY –North Hempstead Town Supervisor Judi Bosworth and the Town Board unanimously adopted a resolution that extends a property tax exemption for Cold War Veterans for as long as they remain qualified homeowners Wednesday, December 5. The current bill was set to expire when New York State Assemblyman Anthony D’Urso proposed that local municipalities have the ability to adopt a resolution that would end the 10 year term limit and extend it as long as those exempted remained qualifying homeowners of qualifying real property. This legislation was passed in both the Assembly and the Senate and was signed by Governor Cuomo.
“I am proud that we are able to continue to extend this tax benefit to our residents who courageously served our country from 1945 to 1991,” said Supervisor Judi Bosworth. “I thank State Assemblyman Anthony D’Urso for his work on this bill that allows municipalities to continue to offer this tax exemption to these very deserving Veterans.”
The Cold War Veterans’ Bill 6510 provides a property tax exemption, to a maximum of 15%, to veterans who served on active duty in the United States armed forces during the Cold War, defined as September 2, 1945 to December 26, 1991. This law is in addition to the Alternative Veterans’ Property Tax Exemption which was signed into law in 2013.
The Cold War Veterans exemption has already been in existence in the Town prior to passing the extension. According to the Nassau County Assessor’s office, there are 388 exemptions currently being granted in the Town. Veterans Exemptions do not affect budgets or tax levies. According to our Tax Receiver Charles Berman, the Cold War Veterans exemption removes a very small amount of taxable assessed value from the tax rolls which might slightly but probably doesn’t increase Town, County, or School tax rates.
For more information, please call 311 or (516) 869-6311 from outside the Town.